14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BRKL
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Wednesday for Brookline Bancorp stock after gaining 2.29%
(Updated on May 01, 2024)

Sell candidate since Apr 25, 2024 Gain 0.83% PDF

The Brookline Bancorp stock price gained 2.29% on the last trading day (Wednesday, 1st May 2024), rising from $8.30 to $8.49. During the last trading day the stock fluctuated 3.21% from a day low at $8.41 to a day high of $8.68. The price has been going up and down for this period, and there has been a -5.35% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 149 thousand more shares were traded than the day before. In total, 615 thousand shares were bought and sold for approximately $5.22 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $8.28 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -11.79% during the next 3 months and, with a 90% probability hold a price between $7.30 and $8.36 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BRKL Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 2.29%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Brookline Bancorp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.71 and $9.26. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Brookline Bancorp stock

Brookline Bancorp finds support from accumulated volume at $8.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.270 between high and low, or 3.21%. For the last week, the stock has had daily average volatility of 4.38%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BRKL) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Brookline Bancorp to open at $8.53, and during the day (based on 14 day Average True Range), to move between $8.18 and $8.80, which gives a possible trading interval of +/-$0.314 (+/-3.70%) up or down from last closing price. If Brookline Bancorp takes out the full calculated possible swing range there will be an estimated 7.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $8.42 (0.82%) than the resistance at $9.33 (9.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Brookline Bancorp stock A Buy?

Brookline Bancorp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.136 Sell Candidate Unchanged

Predicted Opening Price for Brookline Bancorp of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
$8.53 ( 0.432%) $8.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BRKL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.80 3.61 %
R2 8.69 2.40 %
R1 8.63 1.65 %
Current price: 8.49
Support S1 8.42 -0.783 %
S2 8.36 -1.53 %
S3 8.26 -2.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.07 18.61 %
R2 9.75 14.84 %
R1 9.33 9.89 %
Current price 8.49
Support S1 8.42 -0.82%
S2 8.35 -1.65%
S3 8.34 -1.83%

BRKL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 May 09, 2024 May 24, 2024 $0.135 1.59%
2 Jan 24, 2024 Feb 08, 2024 Feb 23, 2024 $0.135 1.38%
3 Oct 25, 2023 Nov 09, 2023 Nov 24, 2023 $0.135 1.43%
4 Jul 26, 2023 Aug 10, 2023 Aug 25, 2023 $0.135 1.43%
5 Apr 26, 2023 May 11, 2023 May 26, 2023 $0.135 1.56%

FAQ

What is the symbol for Brookline Bancorp Stock and on which exchange is it traded?
The symbol for Brookline Bancorp is BRKL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Brookline Bancorp Stock?
Brookline Bancorp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Brookline Bancorp Stock?
Brookline Bancorp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Brookline Bancorp Stock.

What's the current price of Brookline Bancorp Stock?
As of the end of day on the May 01, 2024, the price of an Brookline Bancorp (BRKL) share was $8.49.

What is the 52-week high and low for Brookline Bancorp Stock?
The 52-week high for Brookline Bancorp Stock is $11.52 and the 52-week low is $7.00.

What is the market capitalization of Brookline Bancorp Stock?
As of the May 01, 2024, the market capitalization of Brookline Bancorp is 754.715M.

When is the next earnings date for Brookline Bancorp?
The upcoming earnings date for Brookline Bancorp is Jul 24, 2024.
Click to get the best stock tips daily for free!

About Brookline Bancorp

Brookline Ban Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loa... BRKL Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT